Ecovyst Inc. income statement
In fiscal 2025, Ecovyst Inc. reported revenue of $724m, up 20.9% on the year before, operating income of $64.9m (a 9.0% margin) and net income of −$71.1m, or −$0.61 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,064 | 1,472 | 1,229 | 533 | 496 | 611 | 820 | 585 | 598 | 724 | 869 |
| Cost of revenue | 810 | 1,095 | 926 | 366 | 345 | 435 | 596 | 418 | 435 | 565 | 684 |
| Gross profit | 254 | 377 | 303 | 167 | 151 | 177 | 225 | 166 | 163 | 158 | 185 |
| Research and development | 7 | 14 | 14 | 7 | 7 | 7 | 7 | 8 | 7 | — | — |
| Selling, general and administrative | 110 | 147 | 131 | 84 | 82 | 98 | 85 | 61 | 65 | 66 | 68 |
| Operating income | 82 | 166 | 156 | 66 | 52 | 55 | 104 | 90 | 85 | 65 | 82 |
| Interest expense | 140 | 179 | 91 | 67 | 50 | 37 | 37 | 45 | 36 | 34 | 24 |
| Income before tax | −69 | −61 | 84 | 43 | 2 | 14 | 95 | 57 | 45 | 26 | 53 |
| Income tax | 10 | −119 | 34 | 12 | −52 | 12 | 25 | 9 | −0 | 19 | 28 |
| Net income | −80 | 58 | 58 | 80 | −279 | −140 | 74 | 71 | −7 | −71 | −61 |
| Diluted EPS | −$1.02 | $0.52 | $0.43 | $0.59 | −$2.04 | −$1.02 | $0.55 | $0.60 | −$0.06 | −$0.61 | −$0.54 |
| Diluted shares (average) | 78m | 112m | 135m | 136m | 136m | 138m | 135m | 119m | 117m | 116m | 113m |
| EBITDA | 210 | 343 | 309 | 141 | 128 | 134 | 184 | 174 | 174 | 133 | 137 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 154 | 149 | 143 | 176 | 205 | 199 | 215 | 250 |
| Cost of revenue | 109 | 106 | 124 | 136 | 153 | 153 | 179 | 200 |
| Gross profit | 45 | 43 | 19 | 40 | 52 | 47 | 36 | 50 |
| Selling, general and administrative | 15 | 16 | 17 | 18 | 16 | 16 | 19 | 17 |
| Operating income | 28 | 22 | −1 | 16 | 28 | 22 | 13 | 19 |
| Interest expense | 11 | −1 | 8 | 8 | 8 | 9 | 3 | 3 |
| Income before tax | 19 | 15 | −10 | 7 | 21 | 8 | 9 | 15 |
| Income tax | 5 | −8 | −2 | 2 | 20 | −0 | 4 | 4 |
| Net income | 14 | −30 | −4 | 6 | −79 | 6 | 4 | 8 |
| Diluted EPS | $0.12 | −$0.26 | −$0.03 | $0.05 | −$0.69 | $0.05 | $0.04 | $0.07 |
| EBITDA | 51 | 45 | 22 | 40 | 31 | 40 | 30 | 36 |
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